* FEE RELATED EARNINGS WAS $328 MILLION IN QUARTER, UP 11% YEAR-OVER-YEAR

* QTRLY INFLOWS WERE $62.2 BILLION, BRINGING FULL YEAR INFLOWS TO $108 BILLION

* ENACTMENT OF TAX ACT IN Q4 RESULTED IN INCOME OF $404 MILLION RELATED TO A REDUCTION TO THE TAX RECEIVABLE LIABILITY

* BLACKSTONE GROUP - ENACTMENT OF TAX ACT IN Q4 RESULTED IN INCREASE IN PROVISION FOR TAXES OF $501 MILLION DUE TO PARTIAL REVERSAL OF DEFERRED TAX ASSETS Source text: (bit.ly/2DSQPKH) Further company coverage: